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20121218
20121218
Search Results 0 to 4 of about 5 (some duplicates have been removed)
that to america where 45% of the total population gets out of bed and goes to work. according to the wall street journal, in greece total economic activity is down 20% in the past four years. this is a country in financial ruin. the question, how can a country of 11 million repay a 1/2 trillion dollars worth of debt and it's hard to think they could ever recover. heart breaking for someone of greek heritage like our own nicole petallides, it's a dreadful siiuation. >> it is heart breaking and i was hoping, glad you didn't make me do it, trying to throw greece under the bus. the truth is the country is suffering greatly. and grandparents trying to support their sons, daughters, grandchildren all on one pension and many of europeans, they have a different mentality, in certain ways, retiring, off the government and that's not the greeks here in the states, willing to work 25 hours a day. and there's certainly a different mentality there, but they are suffering greatly. one gentleman, nobody talks, but the cemetery, very sad and solemn. stuart: that's a personal side % of the greek tragedy story. n
. i want to turn to paul barrett, who we had on yesterday's, author of "bloch: the rise of america's gun." i asked about senator feinstein's announcement that she will reintroduce the ban on assault weapons on the first of the senate. >> i will read the legislation very closely when it is out. i have to say i'm skeptical. the 1994 so-called assault weapons ban was one of the most porous, ineffective pieces of legislation that i personally have the opportunity to study. it was shot through with loopholes. it had no applicability to weapons that were made and sold on the day before enactment. and the fact it was coming for a period of years gave gun manufacturers an opportunity to run their factories overtime and to build up huge stockpiles of the weapons. so we will see. but if congress is not proposing to ban weapons that are already out there, then that leaves millions and millions of weapons already out there. >> that was paul barrett, author of "glock: the rise of america's gun." rebecca peters, if you could compare to the legislation that was passed in australia after the massa
about the u.s. treasury markets and how low yields are across the curve. high yield, corporate america, still around 6.5% and loans are around 5% and a more short duration assets. she should be trading at the higher end of the market. >>> when when we talked to david tepper, he said equities are the better value at this point. would you agree with that? >> yeah. i think if we get past this fiscal plan, all likelihood is next year will be a positive year. think about what can drive equity returns next year, it will be more about multiple expansion. he think there will be some leverage growth. where are you going the drive equity returns will be if multiples increase and really drive equity valuations. the high yield market in a lower growth stable market is going to get you good, stable returns with a lot less volatility. we do like some equities here, but we also like the credit markets and the loan markets. >> kevin, why doebts you weigh in on where things stand right now. we know what the fed is doing at this point. if washington gets its act together and we see some sort of an agree
Search Results 0 to 4 of about 5 (some duplicates have been removed)